Through visiting the meeting, we learnt that as the most important segment in China’s pesticide industry, rice insecticide market still attracts much attention, though pesticide industry underperforms this year due to the minor occurrence of pests.
The consumption of insecticides such as chlorantraniliprole, flubendiamide and spinosad in China’s rice insecticide market is expected to increase in the future, while that for some old products is expected to keep stable or even decrease.
It is expected to bring hundreds of attendees from around the world seeking to increase their market share and embark on new business deals in China.
Opposite to the promising products, highly toxic and highly residual pesticides may face stricter policy restriction—according to the Ministry of Agriculture, the new edition of Regulations on Pesticide Administration under revision now would be issued in 2012, which will stipulate more stringent regulations on these pesticides and bring more chances for the development of environmentally friendly products.
Key HeadlinesThe consumption of insecticides such as chlorantraniliprole,flubendiamide on China’s rice insecticidemarket will continue to increase in the future, while that for some old products is expected to keep stable or decrease.
Anhui Huaxing posts a net profit loss of about USD2.56 million (RMB16.24 million) in Q3 2011.
Jiangsu Jialong finishes expanding its carbofuran technical capacity from 3,000t/a to 10,000t/a in around Sept.2011.
, Jiangsu Anpon wins a government procurement again, indicating an increasing popularity of its products.
2011, Chongqing Huage has finished building a 39,300t/a chloropyridine plant.
2011, Huaibei Biopesticide Engineering R&D Center is established in Huaibei City, AnhuiProvince.
Jiangsu Kwin obtains the approval on patent of its new insecticidal compound in Oct.
Counterfeit spirodiclofen takes up most of the citrus acaricide market in China this year.
2011, Jiangsu Jialong obtains the formal registration of 98% isoprocarb technical.
The number of Bayer CropScience’s pesticide registrations reduces in 2011.
Recently, NATESC found that it would be better to first control whitebacked planthopper before controlling rice black streaked dwarf disease.
According to CCM International’s market survey, almost all fipronil used on rice has been out of the market in China.
Acephate is facing slow development in China due to gloomy market demand and low profit of producers.
Danielle Northrop is a business journalist based in Sydney, Australia. Danielle has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Danielle spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.
